Objective:
Assess the effectiveness of a business function, offer recommendations for improvement and support implementation of new initiatives in accordance with the defined body of knowledge
Job Responsibilities:
Provides objective assurance and independent review on the adequacy and effectiveness of the company’s risk management and internal control system to safeguard assets, improves operations and guide best practices.
Perform Audit reviews to verify that controls are operating through testing and interviewing techniques and documents the results of audit reviews in accordance with internal audit standards.
Conducts risk assessments; identifies controls in place to mitigate identified risks and opportunities for improvements.
Ensure common Fraud/errors/irregular transactions are identified and investigated in timely manner as well as providing corrective action plans to mitigate expectations.
High standard of quality is conducted through understanding of business and risk, proper identification of issues; reports are prepared on timely and issues are clearly communicated to senior management and executives with recommendations; provides advice to management from the risk perspective in the event of new and/or modifications of Standard operating procedures.
Audit Performance
Organize and perform end-to-end audits as per the audit plan and prepare qualitative reports with minimal supervision required. Create / obtain workpapers and organize all documentation in standardized format in the shared drive. Complete the audit on a timely basis. Include as many category B finding in the Audit Reports as possible. All audits to include at least one analysis which serves as a value add for the auditee.
Infrastructure
Document all audits on MK Insight and upload all workpapers and evidences as appropriate. Maintain parallel documentation in the shared drive.
Audit Monitoring
Track actions of all audits performed to completion. Track actions of all audits performed to completion and update status of the same in Issues and Actions tracker. Develop a process / system of regular reminders to auditees for approaching action due dates and updates on the current status even when action is not due for at least a month.
Knowledge enhancement and sharing
Take steps to enhance ones knowledge about audit techniques including Computer Aided Audit Techniques (CAAT) and other relevant areas w.r.t. Internal Audit and share it further with the team.
Process improvement and innovation
Cooperate with team and participate in internal projects. Contribute to improvement and standardization of processes for the department / company.
Desired Profile:
Post-Graduation/must be a CA
Full-time experience – 3+ years in Relevant area (Internal Audit)
Ability to effectively use appropriate IT application: Excel, Word, PowerPoint etc.
Who should join?
Good communication skills (both oral and in writing)
Strong organization skills
Tenacity for following up with team on outstanding items
Analytical and solution oriented mindset
Problem solving skills
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